People walk past the London Stock Exchange Group offices in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File photo

  • Travel stocks slump on fears of fresh restrictions
  • England’s ‘Freedom Day’ marred by soaring cases
  • Energy, mining, financial stocks slide
  • UK house prices rise amid record monthly sales – data
  • FTSE 100 down 1.2%, FTSE 250 off 1.5%

July 19 (Reuters) – The FTSE 100 fell to a two-month low on Monday on concerns that a spike in coronavirus infections could derail a nascent economic recovery, while a recent surge in inflation raised fears of a quicker tapering in global monetary stimulus.

The blue-chip FTSE 100 (.FTSE) and the mid-cap FTSE 250 (.FTMC) tumbled 1.2% and 1.5%, respectively, as Prime Minister Boris Johnson lifted most restrictions in England in what some have dubbed “Freedom Day” despite fresh cases. read more

Energy, mining and financial stocks were among the biggest decliners, while no…

Read more…

Share.

Comments are closed.